Accountants spend a minimum of 8 hours and up to 16 hours creating the base of a new legal entity and all its general ledgers. This manual process is lengthy because of the need to ensure the base company shares data across other the other legal entities including chart of accounts, account structures, and much more. Avantiico’s Multi-Company Solution helps accounting teams rapidly create unlimited new legal entities by automating the entire process with an easy-to-use and user-friendly experience.

Using the Excel import template, the required setups are quickly populated for review all in one place, resulting in significant time and cost savings every year.

Finance teams also spend numerous hours validating and posting journals for large multi-company organizations, since they’re only able to process journals from one legal entity at a time. With MCS and its built-in data validation, your team can validate and post journals across 5, 25, or 500 legal entities from a single Dynamics 365 journal eliminating manual work and more importantly, human errors.